Which of the Following Is Characteristic of a Regulated Natural

question 77

Multiple Choice

Which of the following is characteristic of a regulated natural monopoly?

• A) Extensive economies of scale.
• B) The wasteful duplication of capital facilities in the event of competition.
• C) The provision of an essential service.
• D) All of these.

---

Definitions:

Colonial Expansion

The process by which a country extends its control and influence into new territories, often through colonization for economic, political, or military reasons.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, through which an individual makes associations between certain behaviors and their consequences.

Primary Reinforcement

A type of reinforcement that satisfies a basic biological need, such as food for hunger or water for thirst.

Bed-wetting

Involuntary urination during sleep, commonly seen in children.